Stephen D and Susan W Paine Foundation

BOSTON, MA EIN: 04-6013050

The Stephen D and Susan W Paine Foundation is a private foundation based in Boston, Massachusetts, established in 1964. Also known as the Paine Charity Fund, the foundation supports general charitable purposes across multiple sectors and geographic regions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$151K

-39.1% YoY

Annual Giving

$230K

+31.3% YoY

Grant Count

30

-3.2% YoY

Avg Grant Size

$8K

+35.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation funds general charitable purposes with a primary focus on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation made 31 grants in 2024, with total giving of $229,600.

Grant Range

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Grant Types

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Massachusetts, New York, and Iowa.

Grant Distribution by State

4states

Cities

ArmstrongBostonCambridgeDanversLexingtonManometMedfordNew YorkNorth AdamsNorthamptonNorwichPurchaseSuite

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total assets: $151,359
  • Total revenues: $142,592
  • Total expenses: $239,878
  • Investment income and dividends: $9,456
  • Number of employees: 0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$66K$132K$198K$264K20202021202220232024
Metric202420232022
Total Assets$151,359$248,645$326,709
Revenue$142,592$111,949$18,530
Expenses$239,878$190,013$36,673
Qualifying Distributions$235,106$187,547$33,252
Net Investment Income$140,548$109,483$15,945
Distributable Amount$17,647$22,783$24,474

Giving Over Time

Total grant dollars and number of grants per year

$0$57K$115K$172K$230K32 grants202031 grants202131 grants202231 grants202330 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BOSTON SYMPHONY ORCHESTRA$200KBOSTON BALLET$5KGREAT DIXTER CHARITABLE …$5KCAMBRIDGE COMMUNITY FOUN…$3KVERMONT CENTER FOR ECOST…$3KAMERICAN ACADEMY OF ARTS…$1KBOSTON CHILDREN'S CHORUS$1KMANOMET$1KMASS MOCA$1KENROOT$1K

Grant Size Distribution

155 grants across all recorded years

153<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUSAN W PAINETRUSTEE1
LISA N MINGOLLATRUSTEE1
DEBORAH L ALLINSONTRUSTEE1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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